Cryptocurrency exchange Bybit announced it has reached 70 million registered users, highlighting its growth and trust among retail and institutional clients.
Growth of Bybit's User Base
Bybit, the second-largest cryptocurrency exchange by trading volume, has emphasized its achievements in global growth. Co-founder and CEO Ben Zhou stated that these milestones are more than just numbers; they reflect the trust the global community places in Bybit.
Strengthening Global Compliance
Bybit continues to expand its global compliance strategy, actively engaging with regulators. Recently, the exchange held strategic discussions with Vietnam's Ministry of Finance, sharing expertise in KYC and AML to enhance its regulatory efforts. The platform has also made progress in major jurisdictions such as the United Arab Emirates, demonstrating its commitment to transparency and compliance.
Web3 Innovations and AI Integration
Bybit is leading in Web3 innovation with products like the Bybit Card, used by nearly 2 million people for everyday crypto transactions. The platform leverages artificial intelligence to improve trading and customer support, offering tools like CryptoLens and TradeGPT to provide insights and assistance to traders.
Bybit continues to evolve, demonstrating its commitment to innovation and regulatory compliance in the cryptocurrency space. With its growing audience and ongoing service enhancements, the platform aims to solidify its position in the rapidly evolving digital asset market.
